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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.


TSXV:GMA - Post by User

Bullboard Posts
Comment by Mouloukon May 12, 2015 11:13am
106 Views
Post# 23719109

RE:Catalysts for next few weeks...?

RE:Catalysts for next few weeks...?
Good to see you back Wasagastar. We lost quite a few over the last year.

You can have a look to the corporate presentation on GMA website for the timelines. The timelines have been changed a lot overt the past 6 months, but at least, it now seems to go in the right direction.

Met results was announced for May and then it will be the updated resource estimate (43-101) followed by the PEA (43-101). People seems to think that the resource estimate will also be published in May, but in my mind, it is not as clear.

Innord was created not long ago and it seems to allow direct investment in the separation technologie. Even though nothing was announced, one can assume that at some point, strategic partners will/may want to invest in Innord. Will it be done before or after the PEA? I have no information about that, but it might also be a catalyst for GMA.

GMA redesign its website, hired a new CFO, promote a CTO and published a NR with timeline and a nice title: the blosoming of Montviel.

I am far from being a fan of management. Deadlock gave up on them and was pissed at the management after speaking numerous times with them. Putting aside the fact that we are far from the height of 2014, I think that we are now going in the right direction and it seems that now is a better time than never to accumulate if you have not jumped in.

Goof luck to you Wasagastar!

Moulouk
Bullboard Posts